Announced

Carlyle to invest $350m in Aspen Power Partners.

Synopsis

Carlyle, a private equity firm, agreed to invest $350m in Aspen Power Partners, a distributed generation platform with the mission of accelerating decarbonization. “At Carlyle, we believe investing in renewables includes investing across the value chain. This includes investing in not only large utility scale renewable energy assets, but also community solar and distributed generation more broadly. We are very excited about our partnership with Aspen and look forward to facilitating the growth of their business into a distributed generation platform of scale," Pooja Goyal, Carlyle CIO of Infrastructure Group.

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